Norton Rose Fulbright Advises on the Republic of Indonesia’s Largest Ever Sukuk Offering under the US$5 Billion Sukuk Programme

Global legal practice Norton Rose Fulbright has advised on the update and upsize of the Global Islamic Trust Certificate Programme by the Republic of Indonesia through Perusahaan Penerbit SBSN Indonesia III, a special purpose vehicle and the issuance of US$1.5 billion trust certificates under the programme, which is its second drawdown under the programme.

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Tags:  Norton Rose Fulbright | Singapore

Shearman & Sterling Advises Ecopetrol on $2.5 Billion Offering

Shearman & Sterling acted as counsel to Ecopetrol S.A. in connection with a public offering of $350 million aggregate principal amount of its 4.250% Notes due 2018, $1.3 billion aggregate principal amount of its 5.875% Notes due 2023 and $850 million aggregate principal amount of its 7.375% Notes due 2043. Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC acted as underwriters. This transaction represented the first time in four years that Ecopetrol had accessed the international capital markets.

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Tags:  Shearman & Sterling LLP | New York